Michael McGrath (Cork South Central, Fianna Fail) | Oireachtas source

-----the issue of nominating non-executive directors and the transfer of funds into senior managers' pension fund. So those were the three issues that you raised. But you didn't raise any issues or concerns about the strategy, the commercial strategy of the building society at the time and the rapidly growing loan book in terms of commercial property, the land and development book. You didn't raise any issues about that or the issue of the growing dependence on wholesale funding, for example, as opposed to deposits. So can you just elaborate on that, given that you were undertaking a major exercise writing to all the members directly? If you had these grave concerns about the direction of the society and its strategy, why didn't you take that opportunity to set those out to the members directly?